Skip to main content

About your Search

English 54
Search Results 0 to 49 of about 54 (some duplicates have been removed)
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
. you have a big group of new freshman republican members in the house. they are not budging. they're not listening to just about anybody. it's -- they're going on what they believe is a mandate with this big tea party election in 2010 and they haven't really budged. you're seeing business leaders on wall street saying do something, do anything. this group of freshman republicans aren't really budging. will it have been an impact heez emails and phone calls, who knows. it may mean that house republican leaders have to shift away from what these small group of freshman republicans want. we'll see if it has an impact or not. there's not a whole lot of time left. >> indeed. thank you so much. we will be talking with nbc's chuck todd in a few minutes. >>> the first tropical system of the year has fizzled out. tropical storm don has weakened into a tropical depression. the storm made landfall along corpus christie. it brought little relief to the record breaking heat in the lone star state. here's with your saturday forecast bill karins. good saturday morning to you, bill. >> all the hy
a big difference. after beating the yanks, orioles watches the yanks pull var rise. new york just continues to rack up 12 runs in the first inning alone. that's a team record. the o's go on to lose this one 17-3. oh well. we will wrap up this series with the new york yankees this afternoon and you can see the game live right here on wjz. 1:00 p.m. is the first pitch. >> you see the final score, did they not go home crying? >> our producer malachi is a die hard yankee fan. >> good point tim. >> come on. kind of a team is that? 17 after you hit 12. >> really. >> give me a break. orioles did well and stopped at 17. good grief. you know, we don't cry. we find the bright side. we are looking a at a bright side with our weather today. it was a really nice day yesterday. did you enjoy yesterday? >> it was a good day. i'm trying to think what did i do. i can't remember. >> that's a good weekend. when you can't remember with you did. wow, -- when you can't remember what you did. we are looking at a pretty decent day. much like yesterday, the humidity level is low. we're still focused on th
finally came out publicly with a bipartisan, big, tough plan, a framework for how to deal with our very real challenge with our record deficits and debt. it's my hope that the senate will consider cut, cap and be balance, defeat it and then put a responsible plan on the floor, one that shares the sacrifice across all the areas of our budget and that puts forward the kind of framework that everyone can support. bill: okay. on the cut, cap and balance, so you agree with harry reid that this is a waste of time on a balanced budget. why would a balanced budget amendment when polls show 72% of those surveyed favor it, why would you be opposed to that, senator? >> i don't speak for leader reid, obviously, but what i think the leader was suggesting was that with ten days left until we default on america's mortgage, we should be focusing on things that have a very real chance of passage in both houses and that can avoid the catastrophic consequences of defaulting on america's debt. i think leader reid and many of us in the senate are concerned that if we simply keep ping-ponging back and forth
on this planet as we know it today. that is a very big deal. chris stirewalt joins me, fox news digital politics editor, i should say. so, chris, how long do we have on the planet, life as we know it? what's your take? >> i'm not buying anymore green bananas. [laughter] it sounds like we're headed into real trouble, doesn't it? martha: it sure does. >> well, look, the speaker -- the former speaker, pelosi, now the minority leader in the house demonstrates that before you get to the end on something like this, everybody has to say something totally over the top, and now she's taking her turn. the truth of the matter is we're probably closer now to a deal and closer now to a bipartisan resolution than we ever have been because as house republicans start to saddle up behind john boehner's plan getting over their grumbling about the fact that it doesn't give them everything that they want, it brings us closer to the final vehicle which will get republican and democratic support in the senate and move us on to an increase in the debt ceiling and some kind of a deal. martha: yeah. you know, there are
is anything more than a big wet kiss to the right wing, and -- and i mean the tea party. that's who i mean. it's too bad his caucus is being run by such a small number of people. >> what will happen between this very moment and a potential vote tomorrow is anyone's guess in the town that is washington, d.c. amid all the bickering and tinkering, the nation is just six days away from a first ever general default, and the treasury reiterating in a statement moments ago there is no guarantee the government can meet all its obligations after an august 2nd deadline, so what are the remaining options for our dysfunctional government? nbc's kristen welker is at the white house and let's also bring in luke russert on capitol hill. kristen, we know both sides are crafting their budget deals, both trying to take the high road, but are there any signs that the differences between the two sides are narrowing, and does it seem as though they may conflate these two plans? >> reporter: well, at this point we don't have any indication that they are going to conflate the two plans. we should say there are, of c
reporter dovetails neatly with our big question tonight. keeping them honest, if a strong majority of americans is telling washington they want a deal on the debt crisis, they want these guys to compromise with the other side, they want a mix of spending cuts and tax increases. then why isn't washington getting the mage? we've got new polling that says all of that. and this is important. recent polling may also explain why we haven't got an deal yet. we'll tell you what we're talking about. in any case, americans are speaking out today. >> good morning, speaker boehner's office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volume of normal phone calls, house speaker baine er's office reporting as many as 300 people on hold for as long as an hour. online the same story. site unavailable. server busy. we found better than one in three congressional web sites either slow or down entirely from all the volume. also multiple
's going to be a big question mark as to how long mitch mcconnell will stay on that position and whether or not harry reid tables the boehner bill later today or tomorrow. there is no clear consensus on capitol hill over what they will do in order to raise the debt limit. there are ongoing negotiations between staffs, between mcconnell, reid, boehner all talking to some degree in unison. right now the gop wants to pursue the boehner plan which is a dead end in the united states senate. they're confident it's going to pass today. the rules committee meets at 12:50. john boehner said he was smiling as he left the meeting with his fellow members today, contessa. >> mike, let's go to you. we just found out from president obama's twitter page that he's even reiterating his request again for america people to call their lawmakers to demand a solution. the time for putting party first is over. if you want to see a bipartisan compromise let congress know. call, email, tweet and then he signs it barack obama. what's the white house hoping to accomplish by asking the american people to get involve
was killing was not important. as if it was not so huge. he said literally he had to make a statement so big that it could not be misunderstood. finally, there was one warning sign that is coming out now. the intelligence officials in norway apparently saw a red flag when he ordered large amounts of chemicals from a company online from poland. it did put up that red flag. they checked into it. apparently did not think anything of it. there had been -- he been big lots of fertilizer, but he rented a farm and planned that well. so he got away with. >> shepard: greg burke, thank you. continued coverage of the stunning attack. we'll talk live with a former fbi agent who supervised the federal task force to capture the unabomber. what he says about how the gunman in this case carried out the massacre. and why it is so hard to stop this kind of terrorism. that's minutes away. >> first, washington, politics and the debt ceiling debate. they are at it again. it is almost all politics. there's a little more than a week left before the u.s. hits its borrowing limit the 2nd of august the u.s. will defa
said he would like a big plan in terms of making substantial cuts to show we are serious about cutting the deficit. he would also like us to carry the nation through the 2012 election, but today the white house chief of staff was asked about the two-stage or two-tier plan. here is how he responded. >> if there are two steps fine, but do not of a step in the second part that lets the political system show us dysfunction. get this deficit ceiling put off perhaps after the election but more importantly putting that off and giving certainty and lifting the cloud of default is begin a serious discussion and action on the deficit. >> reporter: so the way things stand, there are conversations going on the hill and lawmakers on the hill. at this point it's not clear necessity can achieve a breakthrough. the stumbling block continues to be revenues or cutting tax loopholes, however you want to look at it. >> gregg: asian markets will be open shortly. market reaction to a deal or no deal. thank you very much. catch more of chris wallace interview with john boehner and he talked to the treasury-s
no way, that they're not happy with what speaker boehner put forward for them? >> look, that is a big part of whatever takes place here, because they'rele really digging in. there's some house members who say no new taxes whatsoever, even on the wealthy americans, and the president saying that you need to get some kind of revenue here in order to make the system work for the long term health of the economy. that's very important. what can they come up with that can woo over those republicans who are being very clear about not wanting those taxes to go up. >> dan lothian, thank you. >>> all right. so the two plans on the table right, the democratic backed senator reid plan and the republican led plan from senator -- speaker boehner. let's begin with senator reid's blueprint, cuts $2.7 trillion over the next decade. a big piece is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save $1 trillion. republicans have called that a gimmick, savings from wars that are winding down, even though by the way, the same savings were counted in some republican
as 40,000 dead in the last four years. this shocking reality has made it's way on the big screen with a new genre called narco movies. in this movie called "high-powered people," a drug lord and an associate discuss alliances. the violence in their movies pales in comparison to reality. >> translator: we're not even close to reflecting reality. can you call our movies soft because we don't show as much blood and killings. we just try to give people what they want. >> reporter: the english translation of the movie titles are very revealing. the bough so the film makers say they make sure the screen plays don't rub any of the cartels the wrong way, and it's a kinds of self censorship that keeps them safe. >> translator: we deal with these issues in the best way possible. we're not afraid they will come after us because we behave. we do things the best we can and so far we have not been threatened by anybody. >> rafael romo joins me now. is anybody concerned about the glorification of what the cartels are all about? >> there is great concern. the movies are not yet mainstream in mex
money than you're taking in, you need to spend less of it. there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. bill: we've been talking about this issue for months, and we are down to that critical time. good morning, everybody, i'm bill hemmer. and a big welcome to jamie colby. jamie: you think we'll make it before august 2nd? how you feeling? bill: we'll see. jamie: we'll know more after the next two hours. absolutely. great to have you all here. harry reid and speaker boehner both have their own plans, presenting their own debt deals last night. boehner's plan cuts $3 trillion over the next ten years raising the debt limit by more than $2.5 trillion, and guess what? no tax hikes. bill: reid's plan includes more than $2.5 trillion in cuts over ten years raising the debt limit by $2.4 trillion and, also, no tax hikes. or as they like to call them in washington these days, revenue. stuart varney of fox business, good morning, my friend. how you doing? you're a financial man, what was your takeaway from
of higher than expected receipts, but they're going to have a couple big social security payments and interest payments due, so it's not entirely clear to the markets or to anybody else when treasury will exhaust its reserves. >> annie lowery, economic and business reporter for slate. >>> well, joining me from the hill now illinois republican congressman robert dold who serves on the financial services committee. representative dold, thanks for being here this morning. it's a busy day. >> thanks for having me. i appreciate it. >> i know, sir, that you supported john boehner's plan, but you say you would have voted for it without a budget balanced amendment. why are some of your colleagues saying they need that fully knowing it would not pass the senate? >> the number of my colleagues booef e plea of we have to change the way washington is working, so we've been grossly overspending for a long period of time. it's been happening on both sides of the aisle. it's a clear washington problem. american families have tightened their belt. american businesses have done the same. they shou
son would have killed himself rather than slaughter dozens of people. >>> bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! >>> the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let's start with you. the markets open this hour, okay? how is the debt issue going to impact things today and the rest of the week? i know yesterday, you kept saying give me a little more time and i'll let you know when to worry but how many times can we say that? we are not worried yet. we are wat
's going to have that commission or committee that will comprise the big grand bargain, which is ultimately a $4 trillion plan that will come back to each house not amendable, an up or down vote, and i hope that we can pass something like that so we can get not only the debt ceiling increased, which we have to right now, but we can really do some serious deficit reduction. >> but quickly, if that's what would happen, would it then not have in it the two vote -- the two votes that speaker boehner has in his plan? >> that's probably, at the end of the day, what is going to be the clencher. >> okay. >> but it's going to be a clencher that will have the senator mcconnell provision, which is there's a resolution of disapproval, so, in effect, when the president raised the debt ceiling, it's not going to be disapproved. >> okay. >> and that's the parliamentary machinations that go on. >> the democratic plan being offered by senator reid is near as i can tell here, would give the republicans the two things they have demanded all along, you have one, spending cuts equal to or greater to any increas
's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. >> reporter: enough people did, presumably supporters as well as opponents, that the speaker's web site crashed along with those of a couple of other republicans and at least one democrat. republicans say the president wants a long-term debt ceiling hike to keep it out of his re-election bid. democrats say the bond rating agencies want a long-term hike. a short-term one, they say, would risk a downgrade of this country's credit rating, and that would hike credit interest rates on everyone. jon: the overwhelming number of calls coming into senate offices are urging members to oppose the president's call for tax increases, so we'll see. wendall goler, thank you. jenna: for more on this developing story, we're joined by a congressman who says both sides are responsible for the mess we're in. congressman bill pascal of new jerse
beginning to deal with all the grief here. incredible this country is not that big, only 5 million people, so such a massive attack has really taken its toll. as someone was telling me this morning, everybody knows somebody, that knows somebody or is related to them. the kids in the camp were womaning from all over the country. finally, jenna, it's very sad in so much of these parts the judge saying after tharbg the hearing waafter that, the hearing was closed and but he came out and talked a little bit about it. he said he was not interested in the number of people he had to kill, he just wanted to make a statement. he certainly did that. jenna: certainly indeed and sad as you say, greg. more developments as we get them from norway, greg burke, thank you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill t
opponents. from everything i've been reading trying to keep up with all of this, the big difference here from the democrats' side there's no mention of revenue increases, correct? >> huge concession from democrats. the whole time democrats say there must be revenue on the table, republicans say they can't be. now democrats are dropping that huge demand. here is what supporters would say. this plan gets it done. they would say we're out of time. we're in the going to push for all of our demands anymore. we are backing down in the interest of the country. that's what democrats will say. republicans say, wait a minute, we think this is a setup. we don't think these spending cuts do as much as you say. he don't believe $1 trillion in war money is necessarily real. we also think this doesn't do enough long-term. they say this is not as hefty as democrats claim. does that make sense? >> sure. let me point something out, though. we know harry reid said something that made us wonder, talking about the tea party influence in the different debates and discussions. take a listen and i'll pose a que
will be raised by next week, but the big question that everybody is asking is how is this going to happen, because it seems that all sides are digging in the heels and the white house continuing to insist that the president would veto a short term plan which is that plan put forth by speaker boehner that is as kelly mentioned would increase the debt ceiling in increments for the first time for six months, and press secretary jay carney, again, today saying that the president would veto that if it made it to his desk, and carney saying that bill would doubtfully pass the senate, but the president said in the remarks last night he does support the plan put forth by reid which would of course, decrease the deficit by $2.7 trillion and raise the deficit through 2012, and here is what press secretary jay carney had to say about the reid plan earlier today. >> it is a legitimate compromise measure. we believe it could pass the senate and the house if folks gave it a fair shake, and we appreciate senator reid putting it forward. the fact that there remains confidence in the world that washington
. there was a moment in time when president obama was talking about doing big things and being the guy and turnin turning this into a much needed win by a beleaguered president. we are seeing this fade away, we are seeing the administration give control of this discussion to capitol hill, just like with other things. martha: as you say, in previous confrontations when it came to healthcare, stimulus, all of that got pwubgd back to congress to work out the details. he looked like he wanted to be out in front of this. why do you think he changed his mind? >> reporter: it's really hard. being president is really hard but also doing a deal like this is really hard because the scope of what you're talking about isn't -- this isn't about money. we heard over the w weekend, or it's 400 billion on this or 800 billion on that, there is a chasm which exists between the republicans and the house, the conservatives from 2010 and president obama who is puerto rico the hreu ral wing of the democratic party and his victory in 2008. there is a rubber game that needs to be played here, that is the 2012 election a
party members that want huge cuts in spending and no hike in the debt ceiling. here is where the big numbers come in. the republican speaker has staked his leadership on the plan to let the treasury borrow $900 billion right away, while cutting $915 billion in future spending. contrast that with the senate plan from majority leader reid which would hike the debt by $2.7 trillion by cutting spending by $2.2 trillion. it's not clear when the senate will vote on anything, actually. and that brings me to cnn correspondent, kate bolduan. >> reporter: sounds like they are cautionly optimistic. i am told speaker boehner said they do not have the votes yet but will pass that pill, and some news, on the senate side, the senate majority leader harry reid took to the floor and said this evening, tonight, the senate will move to act on the boehner bill. this assumes that boehner secures the votes and does pass in the house, but this is significant, because all along we have been hearing that there was a sense that the senate was waiting to act to see what happens with the boehner bill, and harry
hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is -- what's left of it, circulation is going to head for mexico anyway so it looks like just scattered showers and storms in texas during the day today. we'll take what we can get, but this wasn't the answer we were hoping for. there's not a lot of wet weather on the map, there are showers in missouri, also showers in the northern plains. your forecast for today, rain likely more or less in mexico, not texas. hot weather for dallas once again. warm and sunny in the northeast. as we go into the sunday forecast, we should see a lot of thunderstorms in the midatlantic and monsoonal showers and storms continue aroun
is making sure they is the down and talk about their finances. that's a big huge discrepancy of income, how much is he going to contribute, she going to contribute, newly married, lot of conversations need to be had. >> or before you walk down the aisle. if you have questions for experts send us an e-mail any time. >>> debt he ceiling deadline is one week away, one week from the day we have been warned all financial hell can break lose unless washington increases the country's borrowing power. while plenty of bickering, there's no sign anyone is willing to compromise on a deal to increase the credit limit. this hour veterans groups simmoned to the white house to be briefed on what could happen to their ranks if the debt ceiling isn't raised. also a vote could come tomorrow on competing debt ceiling bills one proposed by harry reid and the other by the speaker of the house john boehner. right now i want to bring in jay powell. he served as treasury under-secretary under the first president bush." mr. powell great to have you on. just so set the stage, we've been talking a lot about debt ceil
% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll
Search Results 0 to 49 of about 54 (some duplicates have been removed)